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Reference M5921
Situated in a parade, excellent main road trading position, sought after residential area MIDDLESEX
Turnover £ 3,000
Price
£89,950
Features
Well Established Household Goods
DOUBLE FRONTED SHOP in the region of 620 ft² WITH ELECTRIC SHUTTERS AND CANOPY, tiled floor, suspended ceiling with spot lights, sales counter, cash register, modern adjustable shelving..
Kitchen
Staff Toilet with w.c. and wash hand basin.
Basement, used for storage purposes
Turnover
WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 50% approx.
Staff
The business is at present operated by the 2 partners with the assistance of 1 part time staff.
Trading Hours
7 Day week
MONDAY - SATURDAY 9am - 7pm
SUNDAY 9am - 5pm
Outside
Parking space for 1 car.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2019 with reviews every 5 years (next review 2029) at a current rent of £17,000 p.a. + VAT
Business Rates from April 2026 £3,100 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £89,950 plus STOCK AT VALUATION (£25,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 44,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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